Asia Pacific Costs and Offshore Seminar
Uncover the underlying dynamics that drives Asia Pacific upstream activities at the Asia Pacific Costs and Offshore Seminar 2019 on 23 & 24 July, at the IHS Markit Singapore office.
For the past two years, the oil price has hovered above $50/bbl, which has enabled many projects to be sanctioned. Indeed, deepwater developments in seemingly high-cost locations such as the US Gulf of Mexico and Europe have moved ahead. Ironically, development activity in supposedly lower-cost Asia has remained lukewarm.
The next few years will be exciting years for the upstream market in the Asia Pacific, beginning with a pipeline of major gas projects that will be sanctioned in Australia. In addition, are tectonic shifts are happening in the offshore supply chain that could make or break the next five years for the contractors? How long will rig rates remain low? How many more marine vessel owners must go burst before the market rebalance? Is the FPSO leasing market real? Will buyers forsake the yards in South Korea for those in Singapore and China? Will offshore renewables breath a new lease of lift into the beleaguered offshore contractors? Will integrated EPCI work for the subsea buyers?
In this year's workshop, experts from IHS Markit will uncover the underlying dynamics that drives Asia Pacific upstream activities and will discuss their fears and hopes for the Asia Pacific offshore market.
To confirm your attendance for this Asia Pacific Costs and Offshore Seminar in Singapore, email Francesca.Mak@ihsmarkit.com.